Reliance Steel (RS) Tops Q2 EPS by 3c
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Reliance Steel & Aluminum Co. Reports Second Quarter 2017 Financial Results
July 27, 2017 6:50 AM EDTNet sales of $2.48 billion increased 12.3% year-over-yearGross profit margin of 28.4%; $702.1 million gross profit 2nd highest in Companys historyGAAP EPS of $1.40
LOS ANGELES, July 27, 2017 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the second quarter ended June 30, 2017.
Second Quarter 2017 Financial Highlights
Sales were $2.48 billion, up 12.3% from $2.20 billion in the second quarter of 2016 and up 2.3% from $2.42 billion in the first quarter of 2017.Tons sold were up 1.4% from the second quarter of 2016... More